The power of green investment

Climate change is seen as one of the main sources of risk for global economies and societies. Green bonds represent one instrument to finance the move towards a lower-carbon economy. While resembling traditional corporate bonds in many ways, the defining feature of green bonds is their use of proceeds specifically for projects alleviating environmental impact.

With the first green bond issued in 2007, the market has seen strong growth in the following decade and new green bond issuances reached the USD216bn mark in 2019 with an estimate of USD250bn by end of the year. However, further investment is needed to mobilise the transition into a low-carbon economy and to reach the UN Sustainable Development Goals.

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